I’d like to apologize for the lack of articles being posted here lately. The new baby in the house really puts a damper on things as far as “extra time” goes.
So here is what I’ve been up to financially:
Mining For Money
I have a great analysis of a killer mining stock coming up. It’s actually almost ready for you to read, but it has gotten rather lengthy and in-depth and I’m still not quite finished. You’ll thank me for it later…if you don’t fall asleep reading it!
Rental Real Estate
I have arranged a few showings this weekend for the new rental condo that I bought with the proceeds from the sale of the condo I flipped earlier in the year. More on this subject later when I talk about the need to diversify away from the stock market and some tax benefits that go along with rental property.
Higher Cost Education For the Daughter
I have set up an education savings account for my little daughter who is 4 weeks old tomorrow. It’s never too early to start saving for education! The latest estimate is that a 4-year degree at out closest public university will cost in excess of $100,000 by the time she graduates from high school. It’s always essential to take advantage of government sponsored investment programs and as a resident of Canada, the Registered Education Savings Plan is one of the best! (more on RESP’s later).
Life insurance is essential when you have dependents, but how much is enough and why type of Life insurance should you buy? I tackled this one recently, and with some help from my employer’s group plan, I found a smoking good deal! Now I need to get my estate plan completed and my will finalized to make sure that I don’t leave my wife and daughter in financial limbo if something should happen to me.
So there you have it. That’s the quick and dirty about why I’ve been posting less frequently. I’ll do my best to get back to my regularly scheduled wealth and investment articles in the coming days.
Thanks for sticking around…you’ll be glad that you did.